QuickBooks Self-Employed was released not too long ago as QuickBooks’ answer to freelancer-friendly software. Their accounting program is done online – so you can access it via mobile or your computer. It is a user-friendly software that has attractive dashboards and great features.
Overall QB Self-Employed has most of the accounting features freelancers need, including allowing you to download your transactions from your bank and then determine if they’re “Personal” or “Business.” This is great for freelancers that don’t have separate bank accounts for their business. Also, the Self-Employed version lets you categorize transactions and automatically populates a Schedule C for faster tax time. With the Self-Employed version, you can also calculate your quarterly estimated tax payments and track them in the system.
If you upgrade to the TurboTax edition, you can actually import your Schedule C over and file taxes.
There is no time tracking with QuickBooks Self-Employed, but it is a feature they are working to add – according to customer service.
A Few Details about this Software:
QuickBooks Self-Employed offers a free 30-day trial, but if you use that trial, you cannot enjoy the introductory rate.
There are two memberships to sign up for with QB Self-Employed:
Regular QuickBooks Self-Employed: This includes all of the features of the program for one user. Introductory rate is $4.99 per month for six months and then $9.99 per month.
QuickBooks Self-Employed with TurboTax: This bundles your QB Self-Employed program with TurboTax for faster taxes. You can get the introductory rate of $11.99 per month for six months and then $16.99 per month after that.